NOT LISTED FOR SALE

2601 SW 340th Place Federal Way, WA 98023

Twin Lakes Neighborhood

Estimated Value: $535,000 - $583,000

3 Beds
2 Baths
1,360 Sq Ft
$407/Sq Ft Est. Value

About This Home

This home is located at 2601 SW 340th Place, Federal Way, WA 98023 and is currently estimated at $553,609, approximately $407 per square foot. 2601 SW 340th Place is a home located in King County with nearby schools including Green Gables Elementary School, Saghalie Middle School, and Decatur High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2020
Sold by
Rodriguez Jacqueline
Bought by
Beckford Roberto Franklin
Current Estimated Value
$553,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,400
Outstanding Balance
$341,749
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$217,749

Purchase Details

Closed on
Aug 26, 2010
Sold by
Morris Dan S and Morris Kathryn A
Bought by
Beckford Roberto Franklin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,015
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 2005
Sold by
Hinkson James R and Hinkson Rosemary
Bought by
Morris Dan S and Morris Kathryn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,400
Interest Rate
8.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2000
Sold by
Allen David L and Allen Katya M
Bought by
Hinkson James R and Hinkson Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,250
Interest Rate
7.84%

Purchase Details

Closed on
Sep 15, 1995
Sold by
Wernet Todd E and Wernet Cynthia J
Bought by
Allen David L and Blum Katya M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,300
Interest Rate
7.97%

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Beckford Roberto Franklin -- Chicago Title
Beckford Roberto Franklin $185,480 Rainier Title
Morris Dan S $268,000 --
Hinkson James R $157,000 Washington Title
Allen David L $123,500 Evergreen Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Megan $376,400
Closed Beckford Roberto Franklin $150,000
Previous Owner Beckford Roberto Franklin $183,015
Previous Owner Morris Dan S $244,250
Previous Owner Morris Dan S $214,400
Previous Owner Hinkson James R $29,400
Previous Owner Hinkson James R $152,250
Previous Owner Allen David L $117,300
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,915 $488,000 $190,000 $298,000
2023 $4,753 $442,000 $172,000 $270,000
2022 $4,396 $480,000 $157,000 $323,000
2021 $3,655 $385,000 $125,000 $260,000
2020 $3,459 $299,000 $103,000 $196,000
2018 $3,450 $275,000 $82,000 $193,000
2017 $3,125 $240,000 $75,000 $165,000
2016 $3,039 $217,000 $69,000 $148,000
2015 $2,824 $202,000 $66,000 $136,000
2014 -- $192,000 $66,000 $126,000
2013 -- $166,000 $89,000 $77,000
Source: Public Records

Map

Washington King County Federal Way 98023 Twin Lakes

2601 SW 340th Place, Federal Way, WA

Homes for Sale in Federal Way, WA

This home is located at 2601 SW 340th Place, Federal Way, WA 98023 and is currently estimated at $553,609, approximately $407 per square foot. 2601 SW 340th Place is a home located in King County with nearby schools including Green Gables Elementary School, Saghalie Middle School, and Decatur High School.

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